Sigma Computing

Sigma Computing offers a no-code data analytics and business intelligence platform that provides users with  real-time access to cloud data warehouses such as Snowflake, Redshift, and BigQuery using a spreadsheet interface. The platform enables data teams to explore live data and build models and dashboards collaboratively to make decisions on a number of business processes such as supply chain, customer engagement, and budgeting. 

Additionally, Sigma’s suite of tools allow users to calculate any type of inquiry against billions of rows of live data without any programming. Moreover, through its “Warehouse Data Editing” tool, users can directly edit or update their data on the Cloud Data Warehouse (CDW) without building custom apps to do so. In June 2021, the company launched “Sigma Workbooks,” a collaborative canvas combining spreadsheets, charts, and narratives for analysis. 

The company also offers a suite of AI-powered features, including AI-enhanced input tables, auto-generated workbooks, and a customer support chatbot. Leveraging genAI, the platform enables users to generate workbooks in Sigma from their live production data via a natural language interface. 

In November 2023, the company expanded operations into the UK. 

Key customers and partnerships 

The company is reportedly one of the first  analytics platforms to be purpose-built for Snowflake and is a Snowflake Elite Partner. As of December 2021, the platform was used by more than 200 customers, including US Foods, Blackstone, Athenahealth. As of September 2023, the company served almost 200,000 active daily users.

In June 2022, Sigma Computing partnered with Databricks,  a data science software company, to launch an integration on the Databricks platform. The partnership provides a number of Sigma’s no-code solutions to Databricks users, enabling them to make decisions synchronized with large scale live data. In 2023, the company went on to partner with HyperFinity , a decision intelligence provider for retailers and brands, to enable its customers to deploy a decision intelligence layer to their tech stacks.

Funding and financials

In May 2024, Sigma Computing raised USD 200 million in a Series D funding round, Co-led by Spark Capital and Avenir Growth Capital, with participation from NewView Capital, Snowflake Ventures, Sutter Hill Ventures, D1 Capital Partners, XN, and Altimeter Capital.